How a Debt Settlement Attorney Can Protect You

Situations when you need the urgent help of Debt Settlement Attorneys

Many of us incur excessive debt and simply cannot repay that debt. In some cases, it's because of highly interest rate credit card bills. In other cases, it’s because of circumstances we cannot control like medical bills, emergency home repairs, and unexpected unemployment.

When you find yourself at a point where you can't see yourself paying off your monthly loans, your home mortgage payment, or investment property mortgage payment, the best solution for you is to seek the help of Debt Settlement Attorneys.

The significant advantage of hiring Debt Settlement Lawyers is having someone by your side who is experienced, knows how to protect your legal rights, and knows how to minimize your legal risks. Below are a few scenarios in which hiring a professional becomes necessary:

1. Your wages are at risk.

Your creditors can levy on your bank accounts and seek to take your earnings in cases where they have procured a judgment against you.

2. The creditor is suing you.

Where debts remain unpaid, creditors have the legal right to sue you for the unpaid balances. You need to respond to these lawsuits. You need experienced, immediate legal advice to effectively handle these lawsuits. In such cases, people prefer to bring an experienced Debt Settlement Attorney in Coachella Valley on board, especially if there's a chance of being made subject to a severe judgment for damages—which you have no realistic chance of repaying.

3. You are considering filing for bankruptcy.

Bankruptcy, either Chapter 7 or Chapter 11, may be the perfect way for you to proceed to maximize your financial picture. With Chapter 7, you eliminate your debts with the goal of a fresh start. With Chapter 11, you reorganize your finances so that you can keep your properties and minimize your monthly payments.

In any case, either with or without bankruptcy, you should immediately contact a Debt Settlement Attorney in Coachella Valley where you find yourself in a tough financial situation and you’re not sure which is the most beneficial way to proceed financially. You should contact attorney John Bauer directly at Financial Relief Legal Advocates, Inc. at 714-319-3446.